A Los Angeles Lakers jersey worn by basketball legend Wilt Chamberlain is expected to sell for more than $4 million in a forthcoming Sotheby’s auction . Chamberlain wore the jersey in the fifth game of the 1972 NBA championship series between the Lakers and the New York Knicks, which was won by the Lakers. The previous record for Chamberlain
Nineteen current and emeritus members of the George Mason University economics department have taken a heroic stand against the attempt by Leftist faculty members and administrators to undermine American academia’s long-standing commitment to academic freedom and intellectual merit. Their Statement of Commitment to Academic Freedom and to
Larry Summers affirms the Rothbardian critique of fractional-reserve banking on Twitter... SVB committed one of the most elementary errors in banking: borrowing money in the short term and investing in the long term. When interest rates went up, the assets lost their value and put the institution in a problematic situation. https://t.co/HxsgqpZOuL
Dr. Joseph Salerno recently joined Tom Sarrouf on the podcast Conservative Conversations with ISI , a product of the Intercollegiate Studies Institute. In this episode, they discuss Murray Rothbard’s political and economic thought, why a demagogue is necessary for the masses to re-establish control over their government in the age of social
(This past Saturday, February 12, marked the 171th anniversary of the birth of Eugen von Böhm-Bawerk [1851-1914].) In a talk I gave at a conference celebrating Murray Rothbard’s sixtieth birthday, I opined that, as an economic theorist, Murray N. Rothbard was more Böhm-Bawerkian than his mentor, Ludwig von Mises. My incidental remark evidently
Brian Maher of the Daily Reckoning quotes Murray Rothbard and me in his incisive critique of Modern Monetary Theory (MMT), which has lately been embraced by proponents of the “Green New
A Blockchain Study Finds 0.00% Blockchain Success Rate . The study reported also reported 0 vendor call backs when asked for evidence of implementation. Though Blockchain has been touted as the answer to everything, a study of 43 solutions advanced in the international development sector has found exactly no evidence of success. Three
Most economists, while recognizing the great 19 th -century French liberal Frédéric Bastiat as an outstanding economic journalist and a master polemicist for free trade and other liberal economic policies, have summarily dismissed him as an economic theorist. These include economists from Mises and Hayek to Schumpeter and Marx. Lately some
Prominent economist and super successful textbook author Greg Mankiw writes : I have a confession to make: I love the Federal Reserve. And I suspect that, in their heart of hearts, most other economists love the Federal Reserve, too. But why this gushing profession of love by Mankiw for the Fed? Is it because the Fed provides valuable services to
In the last decade or so, a handful of Austrian economists have been aggressively promoting a strange story of the postwar development of the Misesian tradition. In their telling, Friedrich Hayek and Israel Kirzner were busily developing Mises’s approach to economic theory and method when Murray Rothbard showed up and shunted the methodological
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.